Wacker to raise prices for silicone products

Munich, Germany – Wacker AG is raising its prices for silicone polymers, silicone fluids and silicones as of 1 April, the German chemicals company announced 15 March.

Depending on product family, region and business field, the price increase ranges between 10% and 20%, if permitted by existing customer contracts.

According to Wacker, the measure is taken in the face of rising raw material and energy costs.

The price adjustments, said Wacker, was in order to ensure delivery of quality products and services.